MBN - CHECKS - Deposits and Distribution
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Questions and Answers

Which of the following will be a reason/s why the check received should be voided and/or need to ask the Adjuster to issue a new check?

  • Health Insurance name is indicated or included in the “PAYEE” section of the check
  • The design of the check was colorful.
  • The check is already expired or no longer valid to be deposit
  • A and C (correct)
  • When should the Negotiations team change the primary and phase of the case in File Vine?

  • If the case was already Archived.
  • If the settlement check is received and there is also a signed release form (depends on the type of check). (correct)
  • If the check was already mailed out to the client.
  • None of the above.
  • What are the two names of the bank account in FLF where the checks should be deposited accordingly?

  • IOLTA and Business Account (correct)
  • IOLTA and Trust Fund Account
  • Trust Fund and Business Account
  • Savings and Checking Account
  • What are the things to be considered before creating a task for the final checks?

    1. There is a settlement check and signed release forms.
    2. Distribution document and Attorney – Client Authorization were signed by the client.
    3. The case was already Archived.
    4. The settlement check was already deposited in IOLTA account.
    5. The client is already asking for the final check.

    <p>1 2 4</p> Signup and view all the answers

    When should be the case be Archived in both File Vine and Dropbox?

    <p>If the final settlement check of the client and the providers were already mailed out, FLF check was already deposited in business account and all the proofs were uploaded in Dropbox</p> Signup and view all the answers

    Which of the following type of checks usually deposited in IOLTA account?

    <p>BI, UM/UIM and Medpay Check</p> Signup and view all the answers

    Which of the following type of checks usually deposited in Business account?

    <p>Attorney Fee and Referral Fee Check</p> Signup and view all the answers

    Which of the following type of business letter should prepare after the final check was printed and before sending it via certified mail?

    <p>Cover Letter</p> Signup and view all the answers

    FLF final settlement check should be deposited to which FLF bank account?

    <p>Business Account</p> Signup and view all the answers

    Which department is in charged for Archiving the case in both Dropbox and File Vine?

    <p>Medical Billing Negotiations Departmen</p> Signup and view all the answers

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